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The ‘read-write-own’ Web – Internet’s next big shift
Web3 is potentially a big leap forward from the present version. Parts of it are being woven but it needs a ChatGPT moment.
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Web3 allows users to own their data and digital creations, control their identities and move and store value or assets, peer-to-peer online.
PHOTO ILLUSTRATION: PIXABAY
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Although artificial intelligence (AI) was the biggest tech story of 2023, there is another game-changing development in progress that is transforming a foundational technology on which we rely day to day even more than AI – the Internet.
Consider some of these relatively recent developments: On a music-streaming service called Sound.xyz featuring emerging musicians, 100 per cent of what a user pays goes directly to them, without any intermediaries.
